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US Supreme Court starts hearings on tariffs
Back in May, a US federal court, the Court of International Trade, delivered a landmark ruling that US President Donald Trump overstepped his authority by imposing tariffs under the International Emergency Economic Powers Act (IEEPA). The Supreme Court’s ruling will ultimately decide the case. Trump has justified the bulk of his tariff announcements by pointing to the IEEPA, which gives the president power to “regulate” imports in response to certain emergencies. No president has ever invoked it before – although a precedent often mentioned in this context is a decision made by former president Richard Nixon ... (full story)
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The Supreme Court on Wednesday morning began hearing oral arguments in a case to decide the fate of the cornerstone of President Donald Trump’s aggressive trade policy: Broad and sometimes high tariffs against most of the world’s nations. Lower federal courts have ruled that Trump lacked the legal authority he cited under the International Emergency ...
President Donald Trump has worked fast in his second term, wielding unilateral power to reassert American dominance in the global economy. For a few hours Wednesday, the world will get clues as to whether any US institution is willing to rein him in. In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his ...
Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment ReportŪ produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure of the labor market based on the ...
